Who owns the credit union?
The members. Once you deposit money in the credit union, you become a member and a shareholder, not just a depositor. Because of this, your credit union’s sole commitment is to serving you and the other members of your credit union. It’s that simple.
Who makes the decisions?
When you join the ECM Federal Credit Union, you can vote for the credit union’s board of directors, credit committee and supervisory committee on a one-member, one-vote basis at the credit union annual meeting held each February. You have a say in how the ECM Federal Credit Union is operated.
Who regulates the credit union?
The ECM Federal Credit Union operates under extensive and strict federal regulations. As a federal charter credit union, we are closely supervised and examined by the National Credit Union Administration.
Will my money be safe?
The ECM Federal Credit Union is a federally insured financial institution. Your deposits are insured by the National Credit Union Administration up to $250,000. There is no safer or sounder federal insurance fund than the one which protects your credit union’s savings. Not only is the fund strong, but also is backed by “the full faith and credit” of the United States Government.
What makes ECM Federal Credit Union different?
We are different because we don’t just focus on meeting your needs, but we want to ensure that you have an overall great experience with us. We work with excellence to ensure that you are not only getting the help you need, but are happy with every step of the process.